XML 20 R36.htm IDEA: XBRL DOCUMENT v3.20.1
Summary of Significant Accounting Policies (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2020
USD ($)
bbl
MMBTU
$ / MMBTU
$ / Boe
Mar. 31, 2019
USD ($)
May 04, 2020
bbl
MMBTU
$ / MMBTU
$ / Boe
Dec. 31, 2019
USD ($)
Property and Equipment        
Proved oil and gas properties | $ $ 1,251,110     $ 1,201,296
Unproved oil and gas properties | $ 42,249     41,201
Furniture, fixtures, and other equipment | $ 5,094     5,220
Less - Accumulated depreciation, depletion, and amortization | $ (499,759)     (380,728)
Net Furniture, Fixtures and other equipment | $ 798,694     866,989
Disaggregation of Revenue [Line Items]        
Oil and gas sales | $ 53,377 $ 72,064    
Accounts Payable and Accrued Liabilities        
Trade accounts payable | $ 27,409     26,121
Accrued operating expenses | $ 3,388     3,873
Accrued compensation costs | $ 1,865     4,601
Asset retirement obligation - current portion | $ 387     392
Accrued non-income based taxes | $ 2,042     1,413
Accrued corporate and legal fees | $ 247     109
Other payables | $ 821     2,834
Total Accounts payable and accrued liabilities | $ 36,159     $ 39,343
Oil sales [Member]        
Disaggregation of Revenue [Line Items]        
Oil and gas sales | $ 18,050 14,607    
Natural gas sales [Member]        
Disaggregation of Revenue [Line Items]        
Oil and gas sales | $ 31,472 51,304    
NGL sales [Member]        
Disaggregation of Revenue [Line Items]        
Oil and gas sales | $ $ 3,855 $ 6,154    
Swap [Member] | Second Quarter 2020 [Member] | Natural Gas Derivative Swaps [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | MMBTU 7,430,000      
Derivative, Swap Type, Fixed Price 2.62      
Swap [Member] | Second Quarter 2020 [Member] | Oil Derivative Swaps [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | bbl 359,126      
Derivative, Swap Type, Fixed Price | $ / Boe 53.60      
Swap [Member] | Second Quarter 2020 [Member] | Oil Derivative Swaps [Member] | Subsequent Event [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | bbl     (93,450)  
Derivative, Swap Type, Fixed Price | $ / Boe     17.69  
Swap [Member] | Fourth Quarter 2020 [Member] | Natural Gas Derivative Swaps [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | MMBTU 7,042,000      
Derivative, Swap Type, Fixed Price 2.63      
Swap [Member] | Fourth Quarter 2020 [Member] | Natural Gas Derivative Swaps [Member] | Subsequent Event [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | MMBTU     775,000  
Derivative, Swap Type, Fixed Price     2.69  
Swap [Member] | Fourth Quarter 2020 [Member] | Oil Derivative Swaps [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | bbl 244,556      
Derivative, Swap Type, Fixed Price | $ / Boe 52.76      
Swap [Member] | First Quarter 2021 [Member] | Natural Gas Derivative Swaps [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | MMBTU 148,078      
Derivative, Swap Type, Fixed Price 2.70      
Swap [Member] | First Quarter 2021 [Member] | Natural Gas Derivative Swaps [Member] | Subsequent Event [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | MMBTU     2,250,000  
Derivative, Swap Type, Fixed Price     2.74  
Swap [Member] | First Quarter 2021 [Member] | Oil Derivative Swaps [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | bbl 215,538      
Derivative, Swap Type, Fixed Price | $ / Boe 51.93      
Swap [Member] | Second Quarter 2021 [Member] | Natural Gas Derivative Swaps [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | MMBTU 442,255      
Derivative, Swap Type, Fixed Price 2.30      
Swap [Member] | Second Quarter 2021 [Member] | Natural Gas Derivative Swaps [Member] | Subsequent Event [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | MMBTU     195,000  
Derivative, Swap Type, Fixed Price     2.59  
Swap [Member] | Second Quarter 2021 [Member] | Oil Derivative Swaps [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | bbl 195,646      
Derivative, Swap Type, Fixed Price | $ / Boe 51.93      
Swap [Member] | Third Quarter 2021 [Member] | Natural Gas Derivative Swaps [Member] | Subsequent Event [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | MMBTU     165,000  
Derivative, Swap Type, Fixed Price     2.65  
Swap [Member] | Third Quarter 2021 [Member] | Oil Derivative Swaps [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | bbl 179,759      
Derivative, Swap Type, Fixed Price | $ / Boe 51.19      
Swap [Member] | Fourth Quarter 2021 [Member] | Natural Gas Derivative Swaps [Member] | Subsequent Event [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | MMBTU     150,000  
Derivative, Swap Type, Fixed Price     2.71  
Swap [Member] | Fourth Quarter 2021 [Member] | Oil Derivative Swaps [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | bbl 163,812      
Derivative, Swap Type, Fixed Price | $ / Boe 52.39      
Swap [Member] | First Quarter 2022 [Member] [Member] | Oil Derivative Swaps [Member] | Subsequent Event [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | bbl     45,000  
Derivative, Swap Type, Fixed Price | $ / Boe     38.55  
Collar Contracts [Member] | Fourth Quarter 2020 [Member] | Natural Gas Derivative Swaps [Member] | Subsequent Event [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | MMBTU     310,000  
Derivative, Average Floor Price     2.60  
Derivative, Average Cap Price     3.06  
Collar Contracts [Member] | First Quarter 2021 [Member] | Natural Gas Derivative Swaps [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | MMBTU 5,227,800      
Derivative, Average Floor Price 2.50      
Derivative, Average Cap Price 3.40      
Collar Contracts [Member] | First Quarter 2021 [Member] | Natural Gas Derivative Swaps [Member] | Subsequent Event [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | MMBTU     1,800,000  
Derivative, Average Floor Price     2.60  
Derivative, Average Cap Price     3.14  
Collar Contracts [Member] | Second Quarter 2021 [Member] | Natural Gas Derivative Swaps [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | MMBTU 4,546,000      
Derivative, Average Floor Price 2.18      
Derivative, Average Cap Price 2.69      
Collar Contracts [Member] | Third Quarter 2021 [Member] | Natural Gas Derivative Swaps [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | MMBTU 4,665,175      
Derivative, Average Floor Price 2.02      
Derivative, Average Cap Price 2.65      
Collar Contracts [Member] | Fourth Quarter 2021 [Member] | Natural Gas Derivative Swaps [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | MMBTU 4,391,000      
Derivative, Average Floor Price 2.25      
Derivative, Average Cap Price 2.71      
Collar Contracts [Member] | First Quarter 2022 [Member] [Member] | Natural Gas Derivative Swaps [Member] | Subsequent Event [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | MMBTU     3,150,000  
Derivative, Average Floor Price     2.50  
Derivative, Average Cap Price     3.26  
Basis Swap [Member] | Second Quarter 2020 [Member] | Oil Basis Derivative [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | bbl 227,500      
Derivative, Swap Type, Fixed Price 0.49      
Basis Swap [Member] | Second Quarter 2020 [Member] | Oil Basis Derivative [Member] | Subsequent Event [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | bbl     66,000  
Derivative, Swap Type, Fixed Price     3.35  
Basis Swap [Member] | Fourth Quarter 2020 [Member] | Oil Basis Derivative [Member]        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Oil and Gas Production Hedged Volumes | bbl 230,000      
Derivative, Swap Type, Fixed Price 0.49